Sacramento Apartment Complex
5575 Hemlock St, Sacramento, CA 95841
Apartment complex in desirable Sacramento location, great investment opportunity.
Type:Multifamily
Property size:
7,789 SFLot size:
0.49 AcresPrice / SF:
$218/SF- Added:
- Mar 21, 2026
- Days on Market:
- 99
- Last Refresh:
- Mar 22 at 8:17 pm
Property Features for 5575 Hemlock St
General Information
- Standard status
- Active
- Size
- 7,789 SF
- Lot size
- 0.49 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1974
Listing date Mar 21, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Latsamy L Cesar
HighLights
- Investment opportunity: Apartment complex with potential for high returns.
- Large 7,789 sq ft building on a 21,160 sq ft lot.
- Located in the desirable San Juan Unified School District.
- High walkability score.
- Family‑friendly neighborhood with a 7/10 median home value rating.
- Built in 1974.
Overview
Located in Sacramento, CA, the property at 5575 Hemlock St presents an investment opportunity. Constructed in 1974, this apartment complex encompasses 7,789 square feet and is situated on a 21,160 square foot lot. The property is located in the San Juan Unified School District and features a high walkability score. The neighborhood is family-friendly, with a median home value rating of 7/10.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $233.7k | $30.00 |
| − Vacancy | −$11.2k | −$1.44 |
| EGI | $222.5k | $28.56 |
| − OpEx | −$100.1k | −$12.85 |
| NOI | $122.3k | $15.71 |
7,789 SF · lease $30.00/SF/yr · vacancy 4.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.75M
$1.53M – $2.04M
NOI $122,350 @ 7.0% cap · market cap 7.20%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.09M
$1.83M – $2.44M
NOI $146,511 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Carmichel
High School
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.341774
- Latitude
- 38.66754
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Apartment complex in desirable Sacramento location, great investment opportunity.
Where is this apartment building located?
The property is located at 5575 Hemlock St Sacramento, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Investment opportunity: Apartment complex with potential for high returns.; Large 7,789 sq ft building on a 21,160 sq ft lot.; Located in the desirable San Juan Unified School District.
